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Mar 25, 2013
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laws, there's so much uncertainty. do you see that as an obstacle to investing in the industry? >> yeah, it's something everybody has to pay attention to. there's an absolute dichotomy between federal and state laws at this point. we see like days of prohibition where states develop their own rules and regulations like in colorado and washington with 62 and 502 # passed. these are the dominoes that tip over and the feds back off. they have a schedule 1 narcotic meaning zero medicinal value associated with it when the primary use of the states in colorado and california were, in fact, me diddal, pushing now into recreational use in the benefits associated with that. sandra: interesting take and play. thank you for joining us tonight. >> thanks, sandra, take care. sandra: next on "money," president obama will slash his own economic goals this week, but it could be good news for recovery. details next. plus, states finally saved enough tax revenue for a rainy day. why are they preparing for a huge spending binge? how taxp
laws, there's so much uncertainty. do you see that as an obstacle to investing in the industry? >> yeah, it's something everybody has to pay attention to. there's an absolute dichotomy between federal and state laws at this point. we see like days of prohibition where states develop their own rules and regulations like in colorado and washington with 62 and 502 # passed. these are the dominoes that tip over and the feds back off. they have a schedule 1 narcotic meaning zero medicinal...
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Mar 22, 2013
03/13
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but let's help law enforcement do a better job of keeping our neighborhoods safe. melissa: thank you, tom. be sure to catch it at seven and 10:00 p.m. on saturday and sunday, the tom sullivan show. i will be a guest this weekend. happy friday and thank you for joining us. have a great weekend. >> welcome, i am shibani joshi and four gerri willis. we will tackle the new blackberry. as i don't have anything to worry about? we will discover and talk about that as well. and the faa starts to close air traffic control towers. we will tell you how that can affect your travel plans going into the spring. but first, raising $8.5 billion and euros needed to see the bailout from the european central bank. it has created a solidarity, allowing the government to have power to impose capital controls on the big banks. while worried residents are lining up at atms. joining me now to help me with these developments is leadership for euro pacific capital. let me just start off the bat and ask you, the country has agreed to this solidarity funds. but i can't quite tell if this is t
but let's help law enforcement do a better job of keeping our neighborhoods safe. melissa: thank you, tom. be sure to catch it at seven and 10:00 p.m. on saturday and sunday, the tom sullivan show. i will be a guest this weekend. happy friday and thank you for joining us. have a great weekend. >> welcome, i am shibani joshi and four gerri willis. we will tackle the new blackberry. as i don't have anything to worry about? we will discover and talk about that as well. and the faa starts to...
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Mar 18, 2013
03/13
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at legalzoom.com we put the law on your side. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix (varenicline) is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depresd mood and suicidal thoughts or actions while taking or after stopping chan you notice any of these stop taki chantix and call your doctor right away. tell your doctor about any history of depression or otr mental health proems, which could get worse while taking chantix. don't take chantix if you've had a serious allergic or skin reaction to it. if you develop these stop taking chantix and see your doctor right away as some can be life-threatening. tell your doctor if you have a hisry of heart or blood vessel problems, or if you develop new or worse symptoms. get medical help right away if you have symptoms of a heart attack or
at legalzoom.com we put the law on your side. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix (varenicline) is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depresd mood and suicidal thoughts or actions while taking or after stopping chan you notice any...
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Mar 25, 2013
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the chinese territory has better laws to protect domestic workers compared to other asian nations. but today's court decision shows that judges are not willing to extend those rights. >> the people of venezuela go to the polls next month, it won't just be the presidency that's at stake, but a struggle between good and evil. that's how the venezuelan opposition leader at least has characterized the choice. just weeks after the death of hugo chavez, the race is on to elect his successor and as will grant reports, this is a bitterly fought contest. >> hugo chavez's devoted followers almost never criticized him. they rejected the opposition's arguments about his control of the judiciary or the media and had no trouble with the idea that venezuela--- venezuelans live under a dictatorship. but most people might complain about quality of life issues. such as infrequent rubbish collections or a lack of sporting facilities -- facilities for the young. but in a staunchly pro-chavez neighborhood, judith has a direct line to the government. they responded with oil money, paying for more rubbis
the chinese territory has better laws to protect domestic workers compared to other asian nations. but today's court decision shows that judges are not willing to extend those rights. >> the people of venezuela go to the polls next month, it won't just be the presidency that's at stake, but a struggle between good and evil. that's how the venezuelan opposition leader at least has characterized the choice. just weeks after the death of hugo chavez, the race is on to elect his successor and...
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Mar 24, 2013
03/13
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at legalzoom.com we put the law on your side. a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ the longest 4g lte battery in a razr thin profile. with 32 hours of battery life that turns an all-nighter, into a two-nighter. the droid razr maxx hd by motorola. droid-endurance. droid-poweul. (announcer) at scottrade, our clto make their money do me.more (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily rket commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade... ranked "highest in customer loyalty for brokerage and investment companies." shibani: every day we move away from using actual money and
at legalzoom.com we put the law on your side. a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ the longest 4g lte battery in a razr thin profile. with 32 hours of battery life that turns an all-nighter, into a two-nighter. the droid...
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Mar 23, 2013
03/13
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at legalzoom.com we put the law on your side.
at legalzoom.com we put the law on your side.
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Mar 25, 2013
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>> dodd frank is a very large -- it is a complicated law. probably more complicated than i would have preferred, but it is what it is. at the heart of it is ending too big to fail, giving the government new tools to resolve large financial institutions when they feel in a way it will not hurt taxpayers and not subject them to risk. well, it forced losses on the shareholders and creditors of the large financial institutions, which is where they belong. it also requires the federal reserve board to have much tougher prudential standards, so higher capital, more stable liquidity, less reliance on short-term debt. those are the types of things that were problems during the crisis and the fed has been mandated to have better regulation to prevent banks from getting in trouble to begin with. the volcker rule, too, a key part, it was designed to prohibit proprietary trading by those institutions in the government safety net. if you're a bank holding company that has an insured bank that has fdic-backed deposits or access to the federal reserves dis
>> dodd frank is a very large -- it is a complicated law. probably more complicated than i would have preferred, but it is what it is. at the heart of it is ending too big to fail, giving the government new tools to resolve large financial institutions when they feel in a way it will not hurt taxpayers and not subject them to risk. well, it forced losses on the shareholders and creditors of the large financial institutions, which is where they belong. it also requires the federal reserve...
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Mar 20, 2013
03/13
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the dow managed to eke out a slight gain wi the nasdaq and s&p 500 posting minor laws. the s&p fell for thehird straight seson. that is the worst losing streak of the year. microsoft could be in some hot water with the justice department. microsoft and some of its business partners are being investigated over a foreign bribery claims. government officials in china, italy and romania were allegedly bribed to earn software contracts but shares of microsoft still managed to close the day up slightly. >>> all right we start tonight in cyprus. th parliament rejected the tax on bank deposits, potentially killing the bailout but russia is floating another option, gazprom, which is russia's state-owned oil company, is reportedly offering exploration rights to the island's rich natural gas fields. here to break it down the former im fsec tiff board member and current visiting fellow at the peterson institute for international economics. doug, welcome to the show. >> thanks. melissa: is there a danger to letting russia really get its hooks in cyprus ke that? should we be worried
the dow managed to eke out a slight gain wi the nasdaq and s&p 500 posting minor laws. the s&p fell for thehird straight seson. that is the worst losing streak of the year. microsoft could be in some hot water with the justice department. microsoft and some of its business partners are being investigated over a foreign bribery claims. government officials in china, italy and romania were allegedly bribed to earn software contracts but shares of microsoft still managed to close the day...
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Mar 18, 2013
03/13
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laws in south carolina and texas. >>> we move on to business. today cypress' parliament will hold an emergency vote to approve bailout terms. it appears the country's law patients would not approve that measure which would result in a loss of much-needed funds. what it means for the rest of europe? we chenlg in with steve sedgwick live in london for us. good morning. >> very good day to you. just when you think europe's getting its act together another crisis comes along. we've had greece, spain, italy, ireland, portugal, now cyprus, the sec-smallest nation wind the european union. what is different about this potential bailout is the original cost is around 18 billion euros for the imf and cb but they want to get the costs down by taxing depositors. this would be the first time this is done. basically anyone who's got money in their account would have a levy before they can get to their money. today is a bank holiday. if you had under 100,000 euros in your account, every penny would have a 6.8% tax on it. if you have over 100,000 euros, a 9.9%
laws in south carolina and texas. >>> we move on to business. today cypress' parliament will hold an emergency vote to approve bailout terms. it appears the country's law patients would not approve that measure which would result in a loss of much-needed funds. what it means for the rest of europe? we chenlg in with steve sedgwick live in london for us. good morning. >> very good day to you. just when you think europe's getting its act together another crisis comes along. we've...
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Mar 20, 2013
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well, congress has gone and done it again and changed the tax laws that affect each and every one of us. i'm here to explain what it means to you, your family, and your retirement savings and show you how you can rescue your retirement. stay tuned to find out how you can get an updated package of gifts for 2013 that will help you and will help support this great public television station. thanks. >> announcer: your retirement is in danger. 20, 30, 40 years of your hard work is at risk. wall street banks and congress are waiting to grab whatever is left of your retirement savings accounts. you need help. >> what if i offered you a way to control your future tax bills so that you'll have the retirement of your dreams instead of retirement nightmares? >> announcer: consumer advocate, tax expert and educator ed slott is here to help you rescue your retirement by following his time-tested method of avoiding the five silent retirement killers. >> get started turning negatives to positives, uncertainty to certainty, reducing your tax bill, working with better-educated advisors, eliminating
well, congress has gone and done it again and changed the tax laws that affect each and every one of us. i'm here to explain what it means to you, your family, and your retirement savings and show you how you can rescue your retirement. stay tuned to find out how you can get an updated package of gifts for 2013 that will help you and will help support this great public television station. thanks. >> announcer: your retirement is in danger. 20, 30, 40 years of your hard work is at risk....
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Mar 26, 2013
03/13
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marcora law which said the following wonderful thing. if you want employment you have a choice in italy. you don't just have to collect your weekly unemployment check the way we do here in the united states, you have an option. if you get together with ten other unemployed workers and you agree to do the following thing, the government will give you three years of your unemployment payments upfront, right now, in a lump sum. what you have to agree to is that together with at least ten other people you'reoing to start your own cooperative business which you all together work. the feeling in italy was if you give people a chance to own and operate their own business collectively they'll be more committed to it, more invested in it, more likely to make a go of it than simply collecting a check. and meanwhile they'll be producing things and they'll feel better about themselves. and they'll have a more productive role in the community. if you give everybody a vested interest in their enterprise, they work harder, they work better, because it'
marcora law which said the following wonderful thing. if you want employment you have a choice in italy. you don't just have to collect your weekly unemployment check the way we do here in the united states, you have an option. if you get together with ten other unemployed workers and you agree to do the following thing, the government will give you three years of your unemployment payments upfront, right now, in a lump sum. what you have to agree to is that together with at least ten other...
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Mar 18, 2013
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wealthy russians and ukrainians who deposited much 06 their wealth here in cypress because of lax banking laws and there's been widespread allegations that these russians and ukrainians have used these accounts to launder some of their money and that is exactly why germany wanted depositors to take losses in this bailout. >> thank you so much. we'll have plenty more as we continue to follow this story. let's get straight to mark oswald who joins us around the table. mark, from an investor point of view, because there are a lot of different angles to this, how do you expect markets to react? what do people make of this today? >> i thought the initial reaction was quite appropriate when we marked spain and italy down in bond terms and buyback two points or about 20 basis points on. but pretty much on the all, there were buyers in there, which surprises me. it suggests within the marketplace and we've seen it within the rally of the euro, there is a degree of complacency that cyprus isn't really that important. this is a very specific issue and it's not going to unpick what mr. draghi has achieve
wealthy russians and ukrainians who deposited much 06 their wealth here in cypress because of lax banking laws and there's been widespread allegations that these russians and ukrainians have used these accounts to launder some of their money and that is exactly why germany wanted depositors to take losses in this bailout. >> thank you so much. we'll have plenty more as we continue to follow this story. let's get straight to mark oswald who joins us around the table. mark, from an investor...
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Mar 18, 2013
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it actually questions an eu law. i was trying to focus on this. despite how they seem to go out of their way to keep the euro alive, slowly there are more and more decisions being made that are stopping cross border flows of capital and across the whole of the eurozone. this is not a good idea after all, in my opinion. >> how do you put the jeanie back in the bottle if you're the eu or the imf? just having done what's happened, having said it allowed, enough to shake people up, how quickly do we see the real ramifications? we're seeing a little bit in the markets today, but as we were discussing earlier, in this case, it's not clear that the run happens literally this morning, but if you're a business or an institutional investor over the next month or two, you might say to yourself, let's start re-evaluating what we're doing here. >> exactly. i have a small investment in a greek insurance business online. and they have a bit of that cash in a cypriot bank. a lot of legitimate business people will say will will it take that request again? people w
it actually questions an eu law. i was trying to focus on this. despite how they seem to go out of their way to keep the euro alive, slowly there are more and more decisions being made that are stopping cross border flows of capital and across the whole of the eurozone. this is not a good idea after all, in my opinion. >> how do you put the jeanie back in the bottle if you're the eu or the imf? just having done what's happened, having said it allowed, enough to shake people up, how...
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Mar 20, 2013
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. >> rose: nato is due to publish a handbook this week to apply international law to the realm of cyber conflict. it seeks to protect civilian targets such as hospitals and schools in a full blown cyber warfare. follows reporting which has linked the chinese military to u.s. government and corporate computer network. chie these government officials have strong nied the cims. meanwhilthe unedtate have established a new cyber command led by general keith alexander. he testified before the arms services committee last week. this is an offensive team that the defense department would use to defend the nation if it were attacked in cyber space. joining me now from washington to discuss the developing battle ground david sanger of the "new york times." welcome. >> great to be back with you. >> tell me why security experts are saying this has become if not our biggest national security threat th one erging wi the most concern for them. >> well it's certainly our newest and it may be among the urge else as it's an issue of consider debate. it's urgent because there are cyber attacks on the unit
. >> rose: nato is due to publish a handbook this week to apply international law to the realm of cyber conflict. it seeks to protect civilian targets such as hospitals and schools in a full blown cyber warfare. follows reporting which has linked the chinese military to u.s. government and corporate computer network. chie these government officials have strong nied the cims. meanwhilthe unedtate have established a new cyber command led by general keith alexander. he testified before the...
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Mar 18, 2013
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it's breaking the law and crossing the rubicon of something never done before. how do we know depositors won't keep pulling their money out of the banks when they finally open? the ecb are forcing another country to give up their freedom. to give up any chance of economic growth to get out of this mess. let's go to former treasury assistant secretary, department and chairman of the americas partner group. charles, thank you for helping us. i wish the circumstances were better. it sounds like confiscation to me. these are deposits that were insured, guaranteed, the government is going to take it. why would the imf and others suggest they do it? what's behind this? >> larry, i think what's behind this is a continued fixation, which you see coming out of the imf and out of brussels and berlin. about trying to realize sustainable levels of debt-to-gdp over a period of time. i appreciate the need to try to get debt on a sustainable level, this is not the way to do it. this is, indeed, confiscation. i'm afraid they have crossed a line here they may regret. deposter in
it's breaking the law and crossing the rubicon of something never done before. how do we know depositors won't keep pulling their money out of the banks when they finally open? the ecb are forcing another country to give up their freedom. to give up any chance of economic growth to get out of this mess. let's go to former treasury assistant secretary, department and chairman of the americas partner group. charles, thank you for helping us. i wish the circumstances were better. it sounds like...
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Mar 23, 2013
03/13
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at legalzoom.com we put the law on your side. ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. ♪ your finances can't manage themselves,
at legalzoom.com we put the law on your side. ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. ♪ your finances can't manage themselves,
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Mar 22, 2013
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soft mandate followed by a grand coalition with a narrow mandate, including to change the electoral law is the most likely venue. >> how pressing is the need to change electoral law so that if there are fresh elections held, there would be a clear outcome the next time? >> i think it's important. it's important because if they set up in a way in which they stable the larger parties, central right and central left, it will make the outcome of elections more likely to be stable for the next time around. and i think the incentives may be aligned in that respect to play against the pakistan movement. so we think that -- and also it's just needed a 51%. solo it's never easy, we think this time around incentives might be aligned for that change. >> okay. and still italy's market holding up reasonably well ahead of all of this. details on that hopefully out later on today. >>> ahead on the program, oecd's secretary calling for calm over cyprus. do you think the country will leave the eurozone? find outway told cnbc when we come back. impact wool exports from new zealand, textile production in
soft mandate followed by a grand coalition with a narrow mandate, including to change the electoral law is the most likely venue. >> how pressing is the need to change electoral law so that if there are fresh elections held, there would be a clear outcome the next time? >> i think it's important. it's important because if they set up in a way in which they stable the larger parties, central right and central left, it will make the outcome of elections more likely to be stable for...
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Mar 19, 2013
03/13
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>> you want to make sure countries have the rule of law, look at regulatory climate around the world, your rights will be protected as both a property owner as well as their assets. the whole range of factors are very important and you have to look at investors much have higher rate of return, countries that can offer those higher rates of return. better investments can be made across the borders. david: dimension to cyprus. property rights used include stuff like bonds when you buy a bond, you're buying a bet that is secure, as we saw the government took some of that away in the financial crisis here in the u.s., the backdrop of our racing a little? >> it certainly shows up in the various qualitative measures that are in here when you ask about how secure is the credit structure, shows up in those measures and the u.s. dropped. david: finally, i assume if they eventually go ahead and confiscate the bank deposits we would at least be above them, am i correct? >> we would be above them, they would drop substantially. david: great to see you, regulations on the report. lauren: sometimes
>> you want to make sure countries have the rule of law, look at regulatory climate around the world, your rights will be protected as both a property owner as well as their assets. the whole range of factors are very important and you have to look at investors much have higher rate of return, countries that can offer those higher rates of return. better investments can be made across the borders. david: dimension to cyprus. property rights used include stuff like bonds when you buy a...
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Mar 19, 2013
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here, unprecedented and contrary to the insurance laws, and the rule of law concept, they are taking the money from the depositors. what faith will they have now, aside from cyprus, what are the other member states and their deposits have to say? remember, the concept of the eu was to have a unified national union of sorts. in this country, if we had one state or one bank going under, we wouldn't expect all the depositors throughout the united states and every bank to contribute. on the contrary. >> now, i understand that about half of the depositors are russians. which is also interesting. >> well, and that's the backstory. >> give me the backstory. >> my interpretation of the backstory is, if you recall, the troika, sneao to speak, has bee looking for an alleging of laundering money. it's been going on, they've been looking for this and nothing's been found. it's like accusing someone of a crime and expended so much time and energy and not finding it and now they've got to extract some basis of retribution. >> so it's basically like saying, we know you've been money laundering and
here, unprecedented and contrary to the insurance laws, and the rule of law concept, they are taking the money from the depositors. what faith will they have now, aside from cyprus, what are the other member states and their deposits have to say? remember, the concept of the eu was to have a unified national union of sorts. in this country, if we had one state or one bank going under, we wouldn't expect all the depositors throughout the united states and every bank to contribute. on the...
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Mar 18, 2013
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what we have in cyprus right now is the rule of law being brought into question. can rules about depository insurance change over the course of a weekend? i think the size of cyprus right now, what it represents directly is not a threat. we're assessing. but if this is contained in some broader bailout oriented scheme, i think it could be something weathered by the markets. that said, the rule of law being brought into question is not a good thing. >> steve sacks, are you seeing a reaction in some of the european etfs out there? or are you seeing the same kind of money mentality going into exchange traded funds? what are you seeing out there? >> maria, it's really the same reaction we're seeing in broader equities today. you know, basically an overreaction. you know, we saw higher volumes in volatility spike on the open this morning with that gap lower. we've seen volumes in money flows just sort of steady out throughout the course of the day. obviously a lot of talk this morning on wall street about, you know, what happened over the weekend, you know, with cyprus
what we have in cyprus right now is the rule of law being brought into question. can rules about depository insurance change over the course of a weekend? i think the size of cyprus right now, what it represents directly is not a threat. we're assessing. but if this is contained in some broader bailout oriented scheme, i think it could be something weathered by the markets. that said, the rule of law being brought into question is not a good thing. >> steve sacks, are you seeing a...
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Mar 25, 2013
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russian people and middle class people that use cyprus because of the rule of law, common law, the double tax treaties we have. it's a mistake to think that it is a very special class, of very rich people. these russians have their lawyers, their accountants, many of them have their families living in cyprus. they have their friends. we have a relationship that can with stand a shock like this. >> bearing that in mind, are the banks going to open on tuesday morning? >> i cannot say that. i cannot say that. it's always a mistake to say something like this when you are not completely sure. there is a lot of work to be done. but they will open very soon. >> and how long do you intend to use the capital controls? >> that also i cannot answer. but, again, our objective to keep them as limited and as short as possible. >> and finally, you bypassed the democratic process of a parliamentary vote with this field. will you consider tendering your resignation when you get back to cyprus? >> no, no, we did not bypass the poll. we passed a number of laws two nights ago. we have kept party leaders ip f
russian people and middle class people that use cyprus because of the rule of law, common law, the double tax treaties we have. it's a mistake to think that it is a very special class, of very rich people. these russians have their lawyers, their accountants, many of them have their families living in cyprus. they have their friends. we have a relationship that can with stand a shock like this. >> bearing that in mind, are the banks going to open on tuesday morning? >> i cannot say...
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Mar 20, 2013
03/13
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david: they're required by law it do that? it is not their own decision. rich edson, thank you very much. >> as you see the consequences are not that bad legally. david: life goes on without washington. thank you, rich. you definitely call it a super bowl. we'll tell you how a $3 garage sale, how much somebody paid for this, turned into $2.2 million. lauren: for that? david: for that. lauren: it he is a a bowl. six big pieces of economic data hitting the tape tomorrow. we'll break undo the numbers that could move your money. all stations ce over to mission a for a final go. this is for real this time. step sevenoint two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. when the doctor told me that i could smoke fothe firsweek... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix (varenicline)
david: they're required by law it do that? it is not their own decision. rich edson, thank you very much. >> as you see the consequences are not that bad legally. david: life goes on without washington. thank you, rich. you definitely call it a super bowl. we'll tell you how a $3 garage sale, how much somebody paid for this, turned into $2.2 million. lauren: for that? david: for that. lauren: it he is a a bowl. six big pieces of economic data hitting the tape tomorrow. we'll break undo...
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Mar 18, 2013
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. >> they are known for having lax money laundering laws. >> no comparison in the you r eurozone. >> excellent. >> switzerland was in this situation. >> going back to the initial point, greece was a very small country as well. 2% of the gdp of the eurozone and created a big problem which started that and spent the rest of the region. >> the size of the country is not as relevant. >> i'm not saying i not rel vants. that would maybe be the new black swan. >> clearly to the -- >> major backstop, from the ecb, greece created a big problem. now that this backstop, is in place, i think problems have to be bigger in order to be global. >> that's the final word. by the way, it looks like so know evil, speak no evil, and hear no evil, don't you think? >> i don't look like a monkey. >> thank you to all of you. thank you, as well, for joining in on this. >> safe travels, too, michelle. >> see you tomorrow. >> where are you going? >> yeah. >> be careful. >> you're going to be reporting on cnbc live from noon tomorrow? >> we hope to be, yeah. depends, flight delays, et cetera. we'll see. >> we'll
. >> they are known for having lax money laundering laws. >> no comparison in the you r eurozone. >> excellent. >> switzerland was in this situation. >> going back to the initial point, greece was a very small country as well. 2% of the gdp of the eurozone and created a big problem which started that and spent the rest of the region. >> the size of the country is not as relevant. >> i'm not saying i not rel vants. that would maybe be the new black swan....
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Mar 18, 2013
03/13
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at legalzoom.com we put the law on your side. ♪ cheryl: countdown to the countdown. the smartphone battle rages on. apple takes direct aim at samsung after the release of its new s4 galaxy. is this its last hope? invest like an activist. one fund manager's take on how to follow the smart money as we break down the fundamentals of 13d activist fund. plus another euro bank crisis. the latest move by cypress spooking markets around the world. bob dahl weighs in on how it's impacting the global. the "countdown to the closing bell" begins right now. ♪ cheryl: i'm cheryl casone in for liz claman. it is the last hour of trading, and the count down's beginning, and the dow is making somewhat of a big turn around right now after dropping more than 109 p points. the dow trying to squeeze through the green a little more than 30 minutes ago, now down 26 points as you can see on your screen. u.s. markets have been falling in global selloff in response to cypress' plan for a deposit tax. now it seems like we're shrugging off those headlines. now, shares of hewlett-packard and ve
at legalzoom.com we put the law on your side. ♪ cheryl: countdown to the countdown. the smartphone battle rages on. apple takes direct aim at samsung after the release of its new s4 galaxy. is this its last hope? invest like an activist. one fund manager's take on how to follow the smart money as we break down the fundamentals of 13d activist fund. plus another euro bank crisis. the latest move by cypress spooking markets around the world. bob dahl weighs in on how it's impacting the global....
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Mar 25, 2013
03/13
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LINKTV
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that is out an option, that is the law. you get support when you are a new pair for your child care and so forth. they provide services. they are successful in germany and scandinavia, much more than we are in the united states and much more than those countries in the south. they are not broken the south because their nanny states, since the many states are doing better than everyone. the actual true that mr. o'reilly is the opposite of what he says. the more you do nanny states, the better off you are during a crisis and to minimize the cost of the crisis. that is with european economic situation actually teaches. he is just making it up as he goes along to conform to rent a theological position that is harder and harder for folks like him to sustain so he has to reach further and further. >> other actors for capitalism? >> i think there is a set of fundamental reorganizations. when you have a private banking system in the u.s., the way we did up until the 1970's and 1980's, you had it in a position relative to the econom
that is out an option, that is the law. you get support when you are a new pair for your child care and so forth. they provide services. they are successful in germany and scandinavia, much more than we are in the united states and much more than those countries in the south. they are not broken the south because their nanny states, since the many states are doing better than everyone. the actual true that mr. o'reilly is the opposite of what he says. the more you do nanny states, the better...
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Mar 25, 2013
03/13
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CNBC
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what they face now unfortunately is the law of big numbers. they're at a point now where singles and doubles don't cut it. they've got the hit home runs. that is a very daunting task. but they're a bunch of very smart people in a well-positioned company. >> what should they do with the $140 billion that they're sitting on? >> that is -- >> what should they do with it? >> that is the most interesting question at the moment. you think of and i know we're going to talk about a number of things today. you think about what they could do to american entrepreneurs. how many start-ups they should fund, where the monies could go. obviously they could do it in a term form of a dividend but so many possibilities with where that money could go and all of the people there and what could happen with that that it's to me one of the most interesting questions about apple now is because they've been such a success of what's next. >> do you think they are afraid to get rid of the money, uncertain times? you've seen the tech landscape from all sides so you have
what they face now unfortunately is the law of big numbers. they're at a point now where singles and doubles don't cut it. they've got the hit home runs. that is a very daunting task. but they're a bunch of very smart people in a well-positioned company. >> what should they do with the $140 billion that they're sitting on? >> that is -- >> what should they do with it? >> that is the most interesting question at the moment. you think of and i know we're going to talk...
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Mar 19, 2013
03/13
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FBC
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i want to believe that there is still the respect of rule of law. that said, what we see in cypress, there's a government big enough to give you everything, that's big enough to take it all. >> what chance of con they onhere? so longer or later, the banks reopen, and when they do, odds are people want their money out. will people in spain and italy think the same and get their money out as well. is there a risk here? >> well, this is the whole story of the european, of this european crisis is this. it looks like the big fear is whatever happens in the country, the collapse in the country, whatever form it takes will triller panic in other countries, spain, italy, and even the french. i mean, the big french banks are in big trouble, not really on safe grounds, and so i think there is a real contagious issue. there is, also, i guess, a seed of anxiety in countries thinking, oh, wait a second. a deposit can be addressed in other countries, and if the european union or the imf is demanding this type of payment for bailouts, are we next? >> yeah, got it.
i want to believe that there is still the respect of rule of law. that said, what we see in cypress, there's a government big enough to give you everything, that's big enough to take it all. >> what chance of con they onhere? so longer or later, the banks reopen, and when they do, odds are people want their money out. will people in spain and italy think the same and get their money out as well. is there a risk here? >> well, this is the whole story of the european, of this european...
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Mar 19, 2013
03/13
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FOXNEWSW
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>> we're a society governed by the rule of law and makes the constitution. here is what makes it more interesting to me, dianne feinstein, she has the right to defend herself and carry a weapon. here is what she said. >> i know the sense of helplessness that people feel. i know the urge to arm yourself because that's what i did. i was trained in firearms, i'd walk to the hospital when my husband was sick, i carried a concealed weapon. i made the determination that this somebody was going to try to take me out, i was going to take them with me. >> sean: i'm going to take them with me. now, the interesting part, with all of those gun control talks, you, for example, in new york city very few people have the right to carry a weapon. it's almost impossible to get a carry permit in new york city. so, she's not affording her fellow americans the same right that she was bragging about back then. what's your reaction to that? >> now, i mean, that's exactly right. i mean, one of the really unfortunate things we've seen, sandy hook was a little over three months ago.
>> we're a society governed by the rule of law and makes the constitution. here is what makes it more interesting to me, dianne feinstein, she has the right to defend herself and carry a weapon. here is what she said. >> i know the sense of helplessness that people feel. i know the urge to arm yourself because that's what i did. i was trained in firearms, i'd walk to the hospital when my husband was sick, i carried a concealed weapon. i made the determination that this somebody was...
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Mar 19, 2013
03/13
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CNBC
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at legalzoom.com we put the law on your side. >>> all right. today another optimistic economic sign. this time coming from the housing sector, please check this out. we're going to begin with housing starts. we're running strong up to better than 900,000 per month. now, by the way, the peak many years ago was 2 million. so don't talk to me about bubbles. this is just about recovery. but i do want to just show you that this thing continues to roll up. it's up 28% year on year. now let's go to the second one. housing permits, same story. i'm sorry. should have cleared that. same story. but now i'll just redraw the line anyway. there you go. it's still running up. that's about -- let's see, 34% a year. here's something to think about. housing starts are leading indicator of the whole economy. and so that contribution may kick in this year, give us better than expected growth. housing permits are leading indicator of housing starts. so leading indicator of a leading indicator, which really got my attention today, and people who tell me we're having
at legalzoom.com we put the law on your side. >>> all right. today another optimistic economic sign. this time coming from the housing sector, please check this out. we're going to begin with housing starts. we're running strong up to better than 900,000 per month. now, by the way, the peak many years ago was 2 million. so don't talk to me about bubbles. this is just about recovery. but i do want to just show you that this thing continues to roll up. it's up 28% year on year. now let's...
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Mar 18, 2013
03/13
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and change any law. do not abide basic principles. the only way we can sure of our own ability to manage the government is to steel. stuart: i do not think it will ever happen here. the worry is that over there there will be a run on the banks in cyprus and other heavily indebted countries like spain and italy. >> you informed me that the banks are closed at the moment. >> they are. >> what happened when they open? stuart: true. charles told us earlier that the authorities in europe will stand behind the banks in cyprus and shift in a ton of money. charles: i am sure they will put limits on what you can take out. they cannot back down. the unoffici vote is coming tomorrow. they cannot back down. >> parliament of cyprus basically says to those socialists in brussels, go take a hike. we are sorry we joined the eu. we are not going along with it. stuart: the banks would collapse. they would not get the bailout money. essentially, the banking system collapses and they leave the euro. >> do you evade grasp ho
and change any law. do not abide basic principles. the only way we can sure of our own ability to manage the government is to steel. stuart: i do not think it will ever happen here. the worry is that over there there will be a run on the banks in cyprus and other heavily indebted countries like spain and italy. >> you informed me that the banks are closed at the moment. >> they are. >> what happened when they open? stuart: true. charles told us earlier that the authorities in...
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Mar 18, 2013
03/13
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, regulate behavior, and change any law. stuart: we talked about the situation, and, by the way, when the market opened this morning, the dow dropped 105 points, come back a lot, now down 36. maybe, charles, liz, maybe the market thinks that the cypress story is overblown, will not affect it, maybe not affect spain or italy artery. >> maybe not, you know, but certainly for people who have been really concerned with what's going on, with a government that buys 1.2 billion bullets, hires 16,000 new irs agents, a government that's spent a trillion more than they earn than brought in, it doesn't help. the people in this country who are afraid of losing their rights and liberty, it's scary. stuart: i want debt center stage, and it's not. >> it's not. it should be. it might be likely limited, but it shows there's nothing above political meddling. what used to be taboo is your deposits are safe from taxation. stuart: the time is up, butdagen, connell it's yours. connell: thank you, sir. dagen: if you bail out those depositors, why
, regulate behavior, and change any law. stuart: we talked about the situation, and, by the way, when the market opened this morning, the dow dropped 105 points, come back a lot, now down 36. maybe, charles, liz, maybe the market thinks that the cypress story is overblown, will not affect it, maybe not affect spain or italy artery. >> maybe not, you know, but certainly for people who have been really concerned with what's going on, with a government that buys 1.2 billion bullets, hires...
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Mar 24, 2013
03/13
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CSPAN2
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the state local officials can't say certain laws are not. the federal government can send agents in to those and enforce those laws. it may not be as enforced much, but it's not going to stop from enforcing any federal law. i don't know how significant or important it is for people are going to move. [inaudible] i was wondering if you could touch on a lot of disinformation out there about the military style semi automatic weapon that are often discussed as subject to being banned. if you could address the functional differences or similarities to what are called legitimate sporting weapons. >> one of the other questioners at the two-part question i only got to the first part. that is what, is pretty much a made-up term. there's three different types of guns. ashamed to, automatic. when pulled the trigger lots come out. semi automatic, when will it comes out, reloads itself. then there's manually loaded, something like that. military weapons and machine guns like an m-16 has a machine gun with one pulled the trigger several bullets come out o
the state local officials can't say certain laws are not. the federal government can send agents in to those and enforce those laws. it may not be as enforced much, but it's not going to stop from enforcing any federal law. i don't know how significant or important it is for people are going to move. [inaudible] i was wondering if you could touch on a lot of disinformation out there about the military style semi automatic weapon that are often discussed as subject to being banned. if you could...
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Mar 26, 2013
03/13
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KQED
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environment.tastic >> they have to rule on the law. >> you are right. a fundamental constitutional right is for all of our citizens regardless of public opinion or regardless of what state border one lives on. 9 justices will have to look at the evidence and the precedents of the u.s. constitution. i am cautiously optimistic. two incredible attorneys and these phenomenal plaintiffs. >> if the supreme court decides that they will throw this case out, what is the future for gay and lesbian couples in america in terms of rights to marriage? >> i think it is wonderful. if the court was to throw this out saying there is no technical standing or if they said we don't want to hear it, decisionninth circuit would stand and there would be marriage equality. the evidence that we developed, no evidence on the other side. although law is developed clearly. i think the future is bright. this is a great thing for america. we think that now is the time because every day these restrictions are in place, people are getting hurt. >> thank you very much. >> thank you. ina
environment.tastic >> they have to rule on the law. >> you are right. a fundamental constitutional right is for all of our citizens regardless of public opinion or regardless of what state border one lives on. 9 justices will have to look at the evidence and the precedents of the u.s. constitution. i am cautiously optimistic. two incredible attorneys and these phenomenal plaintiffs. >> if the supreme court decides that they will throw this case out, what is the future for gay...
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Mar 24, 2013
03/13
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and in michigan, they're fighting a law many say will put people back to work. so, is big labor putting its interests before taxpayers? the cavuto gang is on it at the bottom of the hour. up here first, step up or pay p, get on the scales or get hit with a fat fine. year. i'm jamie colby, now, back to bulls and bears here on the fox news channel. have a great day. >> bnda: get weighed or be prepared to pay. a pharmacy giant. cvs is requiring employees to have their vitals checked. including their weight f they don't they may have to cough up $600 a year for health insurance. john, you say the so cost saving plan is going too far. >> this isn't hooters, girls have to look good in shorts serving wings to guys watching sports games. they're shipping this off to a third party, not using it to get better health care for employees. i think this is a gross overstep in the privacy. look, if a person is 200 pounds, 100 pounds behind the counter, i don't think it matters. >> brenda: toby, you're wearing your orange shorts, go ahead. >> and i would agree that in theory the
and in michigan, they're fighting a law many say will put people back to work. so, is big labor putting its interests before taxpayers? the cavuto gang is on it at the bottom of the hour. up here first, step up or pay p, get on the scales or get hit with a fat fine. year. i'm jamie colby, now, back to bulls and bears here on the fox news channel. have a great day. >> bnda: get weighed or be prepared to pay. a pharmacy giant. cvs is requiring employees to have their vitals checked....
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Mar 26, 2013
03/13
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KPIX
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law enforcement agencies have patrol cars with special cameras that can scan with cameras. this has led to privacy concerns and even a lawsuit by the aclu. >>> taliban is claiming responsibility for a suicide attack that killed five police officers an injured five others. it happened in jalalabad -- jalalabad. kerry was not there at the time of the tack. kerry says the u.s. and afghanistan are on the same page as un forces prepare to end next year. he made that common after meeting with ahmed wali karzai. his unannounced visit to kabul said ahmed wali karzai could be general dying -- jeopardizing the anti-war effort with his rhetoric. >>> they have been ordered to target military basis in the mainland guam and south korea. the threats come as they conduct things in the country and they have started their third nuclear test last month. >>> they have a second gun buy back event and yesterday deputies showed off weapons, deputies collected 17 guns and 16 assault rifles and that does not include others turned in after another gun buy back but they say it does not make the stree
law enforcement agencies have patrol cars with special cameras that can scan with cameras. this has led to privacy concerns and even a lawsuit by the aclu. >>> taliban is claiming responsibility for a suicide attack that killed five police officers an injured five others. it happened in jalalabad -- jalalabad. kerry was not there at the time of the tack. kerry says the u.s. and afghanistan are on the same page as un forces prepare to end next year. he made that common after meeting...
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Mar 22, 2013
03/13
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at legalzoom.com we put the law on your side. melissa: as we do every 15 minutes, let's check the markets. sandra smith is on the floor of the new york stock exchange. sandra: across the board, it seems like people are definitely shopping. tiffany shares of 2.5% right now. they did report that they see a lackluster first quarter. they are talking about the first quarter that we are in. that playing out and that nike shares are hitting a 52 week high. those gross margins that investors are really chewing on. that unexpectedly move into years. nike finally doing something right. >> we were talking about those margins. sandra smith, always, thank you. the senate gearing up for a long night. which edson is in washington, d.c. what do you have for us, rich? rich: this is the first time we have seen this in years. since budgets are mostly nonbinding spending blueprints and do not have the force of law, these amendment votes are forcing democrats and republicans into political choices. they will probably fail as one budget cuts trillion
at legalzoom.com we put the law on your side. melissa: as we do every 15 minutes, let's check the markets. sandra smith is on the floor of the new york stock exchange. sandra: across the board, it seems like people are definitely shopping. tiffany shares of 2.5% right now. they did report that they see a lackluster first quarter. they are talking about the first quarter that we are in. that playing out and that nike shares are hitting a 52 week high. those gross margins that investors are...
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Mar 25, 2013
03/13
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FBC
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>> i believe the court and the congress will uphold what the law has been in three of the four circuit courts, which these are permissible, broken sylmar, pro competition. gerri: andrew, who will win? >> if these are exclusively about keeping generic charge of the market than they should be illegal and they should be outlawed in that the supreme court should rule in that favorite. gerri: a long way to go. thank you for coming out tonight. >> thank you so much. gerri: voice senior closely held views on this. appreciate it. we're just getting started. coming up, do you know where the money you give to charities going to back a new controversy said tonight that the victims of the model of the list. and banks in cyprus remain closed until wednesday to set to a country gets a new bailout deal. could this crisis bratton her investments here? we will answer that next. ♪ [ male announcer ] with free package pickup from the united states postal service a small jam maker can ship like a big business. just go online to pay, print and have your packages picked up for free. we'll do the rest. ♪
>> i believe the court and the congress will uphold what the law has been in three of the four circuit courts, which these are permissible, broken sylmar, pro competition. gerri: andrew, who will win? >> if these are exclusively about keeping generic charge of the market than they should be illegal and they should be outlawed in that the supreme court should rule in that favorite. gerri: a long way to go. thank you for coming out tonight. >> thank you so much. gerri: voice...
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Mar 19, 2013
03/13
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KNTV
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guitars will not be sublt to the city's live music zoning laws. the store was forced to cancel a number of performances and group lessons all because of a zoning conflict. but they got the green light. all scheduled shows and classes will go on including a concert benefits st. jude's children's research hot. no alcohol, 80 people per show and no more than six concerts a month. >> protecting planned parenthood. a supervisor wants a 25 foot bumper zone set up to shield women from anti-abortion protesters. there's already a law that requires protesters to stay 80 feet away from the clinic. >> the effort here is to really strike the right balance between the right people have to express themselves and the right balance of the people, the right that they have to access health care, including reprublgtive health. >> planned parent hood is the big baby killing business. so we're here to save lives. >> he says he'll introduce his legislation tomorrow night. >> only on nbc, a 7-year-old girl is getting some serious praise from north bay firefighters tonigh
guitars will not be sublt to the city's live music zoning laws. the store was forced to cancel a number of performances and group lessons all because of a zoning conflict. but they got the green light. all scheduled shows and classes will go on including a concert benefits st. jude's children's research hot. no alcohol, 80 people per show and no more than six concerts a month. >> protecting planned parenthood. a supervisor wants a 25 foot bumper zone set up to shield women from...
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Mar 24, 2013
03/13
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FOXNEWSW
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supporters of traditional marriage are warning about cultural changes that could accompany laws that permit same-sex marriage. >> and it goes to altering society and parents losing the right to define to their children. it's about the right to conduct your business as you see fit. >> support for legal same-sex marriage has grown although the latest fox news poll shows less than half, 49% of registered voters now favor it. still, one attorney arguing marriage equality is predicting a win. >> the right to marry is well established. the supreme court ruled you can't take away the right to marry even from imprisoned felons. you can't take it away, it's such a fundamental right of liberty. >> reporter: we don't expect an actual ruling in either case until june. harris. >> harris: peter, thank you. let's go back to the crisis in syria and video coming and proof that at least one other country is helping the syrian government slaughter its own citizens. and secretary of state john kerry turning up the pressure in a surprise visit to baghdad. and taking them to task for the shipment of weapo
supporters of traditional marriage are warning about cultural changes that could accompany laws that permit same-sex marriage. >> and it goes to altering society and parents losing the right to define to their children. it's about the right to conduct your business as you see fit. >> support for legal same-sex marriage has grown although the latest fox news poll shows less than half, 49% of registered voters now favor it. still, one attorney arguing marriage equality is predicting a...